This indicator consists of 3 features: 1. Plots label to the right for current market structure 2. Plots dashed line to show where the next market structure would be 3. Draws arrows above/below historical market structure breaks This might get a little to noisy in ranging markets or lower timeframes but it does the job. Credits to @SimpleCryptoLife for the...
Dear Followers, today I'm happy to share with you my Stops Hunting indicator. This indicators draws lines on important levels, where traders are supposed to set their own stop loss orders . As per default values you will see sellers (short) stoploss prices as red lines buyers (long) stoploss prices as green lines Market maker move prices towards...
Price Action Concepts™ is a first of it's kind all-in-one indicator toolkit which includes various features specifically based on pure price action. Order Blocks w/ volume data, real-time market structure (BOS, CHoCH, EQH/L) w/ 'CHoCH+' being a more confirmed reversal signal, a MTF dashboard, Trend Line Liquidity Zones (real-time), Chart Pattern Liquidity Zones,...
This is script is build up based on Zig Zag Indicator and modify according to WR idea if market structure to define new HH and new LL. The idea of this indicator is to determine Trend Up (HH and New HH) and Trend Down direction (LL and New LL). Below is the example of the inidcator: If you have any suggestions, comments or interested to use this script,...
See market structure at a glance with Higher Highs and Lower Lows. Bullish/Bearish/Ranging market bias is automatically derived. Optionally get alerted for breaks in market structure. Uses true Local Highs/Lows instead of simply the highest/lowest "pivot" for x bars. Can be useful as a support for learning market structure or for alerts for a change in structure...
Hello Traders! We need to make things better & better to solve the puzzle and I try to do my best on this way. now I am here with my new Trend Lines Pro script. As you know, Trend Lines is very subjective and many people (even professionals) draw different Trend Lines on the same chart. This is confusing and there must be an automation to make the life easer....
Swing level Indicator shows overall market price structure of market for Swing Position. Terminology Use ==> Price Line, Price Level name and Price level Timeframe ==> Use proper Signal with swing trend on 1 Hour or Upper time frame (Best if Use with 1 Hour chart or 1 Day chart). What to Identify ==> Overall market price structure for the Swing Period How to...
Day level Indicator shows overall market price structure of market for Intraday Position. Terminology Use ==> Price Line, Price Level name and Price level Timeframe ==> Use proper Signal with swing trend on 15 Min. or lower time frame (Best if Use with 15 Minutes chart or 5 Min. chart). What to Identify ==> Overall market price structure for the Intraday...
Lambo indicator is probably one of the best indicator you can use to spot the trend and make money. It is a momentum oscillator contains two signals line : - The lambo moving average (orange line) for momentum - The huracan (purple line) perfect in showing market bottoms and tops The combination of both line give you the perfect timing to buy or sell any assets....
This indicator is designed to help you visualize the high timeframe market structure breaks and shifts in trend. It finds local swing highs and lows, and defines the market structure based on them. Break above the blue line = market structure is bullish, look for long/buy Break below the red line = market structure is bearish, look for short/sell I wrote it...
A simple indicator that identifies "inside bars" by painting them blue. An inside candle is a candle that has a lower high and higher low than the previous candle. I like to use it on the daily chart to find areas of price compression that lead to a breakout. The price then often trends in the direction of the breakout. Especially powerful when combined with...
I decided to make this formerly invite only script public (you can find the invite only version here If you are part of the invite only you don't need to change scripts. I will push improvements first on the invite only script but in time it will come to this version as well. I would love to know your ideas and thoughts on how this indicator can be improved, so...
Pseudo code Example General info and acknowledgements Author: maqpie Date of publishing: 20th of july 2017 This script is based upon Davinci's dav-o meter and his original script, which searches for W's and M's in price, OBV, RSI and/or Willy. Although the original script is elegant, a W or M has to occur within 5 bars. However, often what you will see is...